Counterpoint Global, a $150 billion unit of multinational investment bank Morgan Stanley, is considering investing in Bitcoin (BTC), knowledgeable sources told Bloomberg today.

Morgan Stanley may bet on Bitcoin in $150 billion investment arm, Bloomberg is reporting.

In January, Morgan Stanley boosted stake in MicroStrategy to 10.9%.

This is all happening faster than I ever imagined.

— Joseph Young (@iamjosephyoung) February 13, 2021

Per the report, Counterpoint Global is pondering whether Bitcoin would suit its investors, the sources said. If the company decides to proceed with the investment, it would also need to be approved by regulators.

Meanwhile, Morgan Stanely is already involved—at least somewhat indirectly—with Bitcoin since the bank currently holds 10.9% shares of …